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Eye Dynamics Files 10QSB for 3rd Quarter; October Revenues on Target for Continued Record Sales.


Business Editors

TORRANCE, Calif.--(BUSINESS WIRE)--Nov. 7, 2003

Eye Dynamics (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:EYDY), today announced that it has filed the 10QSB QSB Fading
QSB Qualified Small Business (IRS category)
QSB Queen Street Backpackers (Auckland, New Zealand)
QSB Quality System Basics
QSB Qualified Supplemental Benefit
QSB Quantum Singleton Bound
 with the SEC for the 3rd quarter of 2003. Also announced was October revenues exceeding $300,000, which is on target for continued record sales in the 4th quarter.

"It is satisfying to file a 10QSB Report that has very positive results for the company," stated Charles Phillips Charles Phillips refers to:
  • Charles Phillips (American football player)
  • Charles Phillips (businessman)
  • Charles Phillips (figure skater)
  • Charles Phillips (archaeologist)
, President of Eye Dynamics. "October revenues are on target for a very good 4th quarter which would conclude an outstanding growth year for Eye Dynamics. We appreciate how our shareholder base has supported us as we positioned the company for growth with internally developed product. We will continue to use our core technology to enhance our products for use in new segments of the medical market."

About Eye Dynamics, Inc.

Eye Dynamics is in the business of producing and marketing patented proprietary products and other services for the institutional, medical and government markets. The company is a leader in the Video ENG ENG electronystagmography.

ENG
abbr.
electronystagmography



ENG

enzootic nasal granuloma.
 medical product market, having invented the Video ENG system and brought it to market in 1994. SafetyScope, the company's latest product, is designed for the "fitness-for-duty" screening of workers. SafetyScope is simple to use, takes only 90 seconds and does not require any body fluids like urine-based drug testing. It is based on the manual methods of evaluating eye responses of an individual to detect neurological signs of impairment used by law enforcement throughout the United States.

To find out more about Eye Dynamics, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:EYDY), visit our web site at www.EYEDYNAMICS.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. .

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 for Forward Looking Statements

This news release includes forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 7, 2003
Words:392
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